News articles tagged Project Completion

6 month extension to builders to deliver projects-MahaRERA

MahaRERA grants a six-month extension to real estate projects due to the pandemic's second wave, invoking the force majeure clause for projects expiring after Apr 15, 2021.

UP-RERA to give nine month extension for registration of projects

UP-RERA offers a nine-month extension for the registration of projects, aiming to speed up stagnant real estate development. The extension is subject to monitoring and specific conditions.

UPRERA Prolonged Project Deadlines Amongst Covid-19

UPRERA extends project registration validity by three months due to the national lockdown. Deadlines for project completion and other statutory compliance are also extended.

Developers have to pay 11% interest to buyers if projects delayed

The government has introduced draft rules ensuring developers compensate buyers for delayed project completions, aiming to enhance accountability in real estate transactions.

CREST brings a new product; Real Estate Rating

Crisil introduces real estate ratings to aid buyers in making informed decisions. The rating system assesses various parameters and will cover 21 projects across Tier-I and II cities.

HDIL's first quarter result shows recovery

HDIL's first quarter results show signs of recovery in the domestic realty sector, with both volumes and prices increasing.